Venture Global (VG) Research & Development (2024 - 2026)
Venture Global's (VG) quarterly Research & Development came in at $46.0 million in Q1 2026, down 74.73% year-on-year from $182.0 million in Q1 2025, and down 11.54% sequentially from $52.0 million in Q4 2025.
Venture Global (VG) Research & Development (2024 - 2026) Analysis & Trends
Venture Global's Research & Development history runs 3 years deep, the most recent figure standing at $46.0 million for Q1 2026.
- In Q1 2026, Research & Development fell 74.73% year-over-year to $46.0 million; the TTM figure through Mar 2026 stood at $208.0 million (down 67.3% YoY), while the FY2025 annual figure was $344.0 million, down 45.83% from the prior year.
- Research & Development came in at $46.0 million for Q1 2026 at Venture Global, down from $52.0 million in the prior quarter.
- Over five years, Research & Development peaked at $182.0 million in Q1 2025 and troughed at $46.0 million in Q1 2026.
- The 3-year median for Research & Development is $124.0 million (2024), against an average of $113.9 million.
- The widest annual swing landed in 2025, when Research & Development increased 0.55%; it then sank 74.73% in 2026.
- A 3-year view of Research & Development shows it stood at $124.0 million in 2024, then slumped by 58.06% to $52.0 million in 2025, then fell by 11.54% to $46.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $46.0 million in Q1 2026, $52.0 million in Q4 2025, and $53.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 46.00 Mn |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.00 Mn |
| Dec 31, 2025 | 52.00 Mn |
| Sep 30, 2025 | 53.00 Mn |
| Jun 30, 2025 | 57.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 124.00 Mn |
| Sep 30, 2024 | 156.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 181.00 Mn |